2023 TWD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TWD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TWD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 247.1536. Conversely, the yearly low was recorded on October 4, dropping to 225.4260.
This high-to-low spread represents a total annual volatility of 21.7276 PYG. From a start-to-finish perspective, comparing the January average rate of 242.7230 to the December average rate of 235.7570, the exchange rate registered a net change of -2.87% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 247.1536 was down 3.14% compared to the 2022 peak of 255.1644, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TWD to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 237.2180, compared to 230.9816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.2364 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 9.5220 PYG (High: 247.1536 / Low: 237.6315). On the other end, September was the most stable month, with a tight range of 2.7996 PYG (High: 228.3265 / Low: 225.5269).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 5.9237 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 241.2020) against the same month in 2022 (average: 250.2101), the exchange rate shifted by -9.0081 (-3.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 245.8036 | 237.7170 | 242.7230 |
| February | 247.1536 | 237.6315 | 241.2020 |
| March | 238.6365 | 232.1056 | 235.2783 |
| April | 237.2214 | 232.4056 | 234.2574 |
| May | 236.0731 | 233.0534 | 234.5539 |
| June | 237.6090 | 233.1853 | 235.2933 |
| July | 235.0598 | 231.3122 | 232.8703 |
| August | 230.2941 | 226.9113 | 228.5600 |
| September | 228.3265 | 225.5269 | 227.1806 |
| October | 230.7779 | 225.4260 | 228.3264 |
| November | 237.6459 | 229.2053 | 233.1953 |
| December | 238.4257 | 232.7865 | 235.7570 |